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manojrai36
Feb 3, 2019 12:42 PM

price rejection at resistance Short

UJJIVAN FIN SERVNSE

Description

price has been rejected at the resistance levels on the weekly time frame and has formed a shooting star.with the high of the shooting star a short trade can be initiated

Comment

SHORTED TODAY AT 294,SL SHOULD BE A LITTLE ABOVE THE HIGH OF THE WEEKLY SHOOTING STAR ie,308 IN THIS CASE.LETS SEE HOW IT PLAYS OUT.

Comment

booked half of the position at 276.will trail the rest.

Trade closed manually

booked fully at 260 as wont be able to track the market for few days due to travel.
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